10/19/2011 04:41 pm ET Updated Dec 19, 2011

Artists Sue Auction Houses -

A group of major artists, including painter Chuck Close, and the heirs of abstract expressionist Sam Francis and sculptor Robert Graham, filed a pair of lawsuits against Sotheby's and Christie's seeking royalties on auction sales of their work in California.

The artists allege that the world's two biggest auction houses are failing to abide by a little-known California law that promises royalties to artists whenever their works are resold within the state or auctioned off elsewhere on behalf of owners who live in California.


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